According to the textbook, most authorities are convinced that debt management does have a major impact on the economy and is generally more powerful than either monetary or fiscal policy.

Question

Quizplus · Accepted Answer

Most authorities believe that while debt management can influence the economy, it is generally not considered more powerful than monetary or fiscal policy. Debt management involves strategies for handling government debt but does not directly control economic variables such as interest rates or government spending to the same extent as monetary or fiscal policies.

According to the Textbook, Most Authorities Are Convinced That Debt